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Process to Change Name of LLP
The reason for a change of name of the LLP can be many, such as new branding plan, mergers and amalgamation, a shift in business activity etc.; However, the procedure shall be adopted similarly in all cases. The LLP Act, 2008 and the rules made thereunder have laid down a clear & non-ambiguous method to change the name of an LLP. As the name of the LLP is also mentioned on the LLP agreement, Pan card, Tan Number, GST Registration, etc.; after its change, the same must also be altered.
Change in Partners of LLP
- Original Share Certificate of share to be transferred
- List of Documents for Change of LLP Name
- Current Certificate of Incorporation
- LLP Agreement in word format
- List of Designated Partner & Partners
- Proposed Name(s) in order of preference.
- Digital Signature of the authorised DP
- Letterheads (approx 10) and rubber stamp of Partner
Stepwise Procedure to change name of an LLP is as under
Step - 1: Obtain approval of the partners for change of name
To decide on the new name of the LLP, the partners need to decide in a properly convened meeting as per the LLP agreement. After the decision has arrived the same must be written and signed by the partners.
Step - 2: Name Availability Application for change of name to ROC
Once the partners decided on the new name of the LLP, a request for its reservation in Form -1 is made to the ROC. The new name can be approved by ROC only if it is unique and not same or similar to an already existing company, LLP, Domain or a Trademark.
Step - 3: Application for Name Change of the LLP
The application to change the name of the company is filed to the ROC in Form No-4 along with altered LLP agreement. The changed LLP agreement need to be filed on form No-3. After the satisfaction of ROC, a fresh Certificate of Incorporation is issued having the new name of the company.
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